Four parties show initial interest in Jet Airways

NEW DELHI: Four parties have shown preliminary interest in investing in the grounded Jet Airways, whose resolution professional (RP) had floated expression of interests last month for selling a stake in the airline.

Reports said lenders were engaged with the interested parties, who are yet to submit a formal interest in the airline. It is expected that the lenders would extend the deadline for submitting EoI from the earlier deadline of August 3 in case they are unable to find suitors.

The Committee of Creditors (CoC) met on Thursday to discuss issues related to insolvency proceedings of the grounded airline.